careful because you re playing with fire. they warned that if you wait until the last minute to raise the debt ceiling, you risk an accidental default, which would be catastrophic for the economy. they acknowledged that we re in divided times right now politically but that doesn t mean we should default on our debt. what would a default mean for the economy, moody s analytics put out a report, and they said that if there was a default and a prolonged impasse over resoe resolving it there could be 6 million jobs that would disappear. unemployment rates would jump to 9%. payments would be delayed to social security recipients, federal workers, $15 trillion in household wealth would vanish, so bad. all of this explains why everyone expects congress to eventually do the right thing. no one wants to be held responsible for this, but we should point out that the longer they wait, the closer they get to the edge of the cliff, the greater the chance they accidentally go over it. we n
missing. today an underwater dive team joined the search as we get new clues about the couple s final days together. welcome to the lead. i m jake tapper. our politics lead today. a white house meeting that could determine the fate of nearly the entire biden domestic agenda. right now president biden is playing host to key democratic moderates in both the house and the senate. and after that he ll meet with a group of progressive democrats who have made it clear, either both the bipartisan infrastructure bill and the budget bill will pass in tandem, or neither will. in just moments i ll speak to one of those progressive democrats about what s at stake here. more than $4 trillion worth of biden priorities from investments in roads, bridges and public transportation to child care benefits and expansion of medicare. our teams are covering every angle of the story. we start with phil mattingly with a closer look at why president biden believes he s uniquely situated to strike
son in the pfizer trial. and major developments in the gabby petito case. the coroner officially declaring her death a homicide, and her fiancee still missing. no one has seen him since last week. plus, the new york times revealing that the trump campaign was well aware that their claims about dominion voting machines were categorically false, but they kept making those claims for weeks. we ll be asking georgia s secretary of state about that when he joins us later this hour. and did we mention donald trump is now suing his niece? great way to get himself in the headlines. we re going to get to all of that shortly, but i want to start this morning in d.c. where president biden is set to meet with democratic leaders to try and keep his massive multitrillion dollars agenda from completely falling apart. i want to bring in nbc s garrett haake on capitol hill and shannon pettypiece at the white house. unless i m mistaken here, this is the same fight democrats have been ha
long oolg. hill leaders crunch the numbers on how many fellow democrats they could go without. a new move developing by republicans that s actually giving a boost to progressives. here one on one with us senator warren to talk about wit the biden agenda on the line, yet another setback, too, as talks on a police reform bill go down in flames. live on the hill with why the talks are over and live with shareeduh tate, the cousin of george floyd. good afternoon. good to be with us. ali vitale on capitol hill and joined by john breznahan. here s what we re watching. president biden s democratic diplomacy if you will happening all afternoon into tonight trying to work out the differences with democrats to save the key priorities. infrastructure and a huge social spending program and progressive democrats are dug in saying the spending bill be passed first before the vote on the more popular infrastructure bill and concerned if infrastructure goes first moderate democrats could b
very key house progressives. the marine posted outside the door is what tells us in washington speak, classic signals of this traditional white house, that the president remains in the west wing. this is the latest in a series of meetings the president has been holding. earlier we know he spoke with top democrats, schumer and pelosi and met with key senators who can sometimes be holdouts including sinema, manchin and moderates. joe biden is doing what he did before. he is doing what he said he would, being peace maker. now liberals are threatening to take the bipartisan infrastructure bill which the senate passed last month unless there is a wider impact on the $3.5 trillion impact on the economic agenda. as of tonight there is not a full agreement on that publicly. speaker pelosi saying this back on capitol hill. after your meeting with president biden are you still planning on holding a bipartisan infrastructure vote on monday? you expect me to be we re on schedule, l